JPMorgan’s $2B Trading Loss Raises The Heat On Dimon And Regulators
- Monday, May 14, 2012, 2:40
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The JPMorgan Chase drama continues, as reports suggesting three executives including the top-ranking Ina Drew, the bank’s chief investment officer, will resign. Despite what has been a more than 9% drop of the company’s share price on Friday, Barron’s Alan Abelson suggests markets, and regulators, should take their time digesting the situation and its implications, before taking further action.
http://www.forbes.com/sites/afontevecchia/2012/05/14/jpmorgans-2b-trading-loss-raises-the-heat-on-dimon-and-regulators/
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